Emirati billionaire to invest $20 bln in US data centers, Trump says
Emirati billionaire Hussain Sajwani promised a $20 billion investment in the booming U.S. data center industry in the coming years, he and U.S. President-elect Donald Trump announced on Tuesday at Trump's home in Palm Beach,
Emirati billionaire investing $20B in US to build data centers
President-elect Trump announced Tuesday that Emirati billionaire Hussain Sajwani plans to invest $20 billion in the United States “over a very short period of time” to build data centers across
Microsoft to Invest $80 Billion in AI Data Centers in Fiscal 2025
Over half of the investment is reserved for infrastructure. Microsoft President Brad Smith frames AI investment as key to economic growth.
Macquarie to Invest Up to $5 Billion in Applied Digital AI Data Centers
The deal follows strong investor interest in businesses connected to the AI boom.
Australia's Macquarie to invest up to $5 bln in Applied Digital data centers
Australia's Macquarie on Tuesday agreed to take a 15% stake in Applied Digital's high-performance computing business and invest up to $5 billion in the company's artificial intelligence data centers amid booming AI demand.
Trump announces $20 billion foreign investment to build new U.S. data centers
Billionaire Hussain Sajwani, a Trump associate and chairman of the property development company DAMAC, is pledging the money, the source said.
Applied Digital Stock Jumps on Up to $5B Investment by Australian Fund Macquarie
Key Takeaways Applied Digital shares surged in intraday trading Tuesday after announcing that Macquarie Asset Management is investing up to $5 billion in its high-performance computing data centers.Nvidia is already an investor in Applied Digital data centers and announced a stake in the company last year.
AI frenzy continues as Macquarie commits up to $5B for Applied Digital datacenters
Bubble? What bubble? Fears of an AI bubble have yet to scare off venture capitalists and private equity firms from pumping billions of dollars into the GPU-packed datacenters at the heart of the machine-learning craze.
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Trump Announces Emirati Billionaire Will Invest $20B Into US Data Centers
Hussain Sajwani, a longtime Trump ally, announced a multibillion-dollar investment amid growing U.S. demand for AI and crypto ...
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3 Energy ETFs to Invest in the Data Center Power Surge
Data centers, the beating heart of AI innovation, are now projected to use more electricity than many major cities, creating an unexpected investment opportunity in the energy sector. Recent ...
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Amazon to invest $10 billion in more Ohio data centers
Amazon announced Dec. 16 that it’s planning to invest another $10 billion in Ohio to expand its data center infrastructure in the state. In a joint announcement with Gov. Mike DeWine, the ...
Microsoft To Invest $80 Billion In AI Data Centers For Fiscal 2025
Microsoft plans to invest $80 billion in developing AI-focused data centers by 2025. This follows OpenAI's launch of ChatGPT ...